Flputnam Investment Management Co. Lowers Stock Holdings in iShares Russell 2000 ETF (NYSEARCA:IWM)

Flputnam Investment Management Co. lessened its stake in iShares Russell 2000 ETF (NYSEARCA:IWM) by 5.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 63,668 shares of the exchange traded fund’s stock after selling 3,820 shares during the period. Flputnam Investment Management Co.’s holdings in iShares Russell 2000 ETF were worth $14,068,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Proficio Capital Partners LLC acquired a new position in shares of iShares Russell 2000 ETF in the fourth quarter valued at approximately $4,672,147,000. Empower Advisory Group LLC grew its position in iShares Russell 2000 ETF by 2.6% in the 4th quarter. Empower Advisory Group LLC now owns 7,878,078 shares of the exchange traded fund’s stock valued at $1,740,740,000 after buying an additional 199,487 shares during the last quarter. Toronto Dominion Bank increased its stake in iShares Russell 2000 ETF by 3.7% in the 3rd quarter. Toronto Dominion Bank now owns 6,729,586 shares of the exchange traded fund’s stock valued at $1,486,498,000 after buying an additional 243,160 shares during the period. JPMorgan Chase & Co. raised its position in iShares Russell 2000 ETF by 50.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,313,404 shares of the exchange traded fund’s stock worth $952,788,000 after buying an additional 1,446,443 shares during the last quarter. Finally, M&T Bank Corp lifted its stake in shares of iShares Russell 2000 ETF by 1.9% in the 3rd quarter. M&T Bank Corp now owns 3,036,807 shares of the exchange traded fund’s stock worth $670,800,000 after acquiring an additional 55,800 shares during the period.

iShares Russell 2000 ETF Stock Up 1.1 %

Shares of iShares Russell 2000 ETF stock opened at $214.65 on Friday. The firm has a market cap of $68.75 billion, a price-to-earnings ratio of 16.97 and a beta of 1.17. iShares Russell 2000 ETF has a 52-week low of $191.34 and a 52-week high of $244.98. The company’s 50-day simple moving average is $223.56 and its 200-day simple moving average is $223.83.

About iShares Russell 2000 ETF

iShares Russell 2000 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index). The Index is a float-adjusted capitalization weighted index that measures the performance of the small-capitalization sector of the United States equity market and includes securities issued by the approximately 2,000 smallest issuers in the Russell 3000 Index.